The Approved Card from Suze Orman (by The Bancorp Bank)

Bankrate's 2014 Prepaid Debit Cards Survey offers a rundown of the card's many variables, including fees, restrictions and factors that may affect a consumer's decision in choosing a prepaid debit card. The Approved Card from Suze Orman (by The Bancorp Bank) comes with a $3 monthly maintenance fee as well as a $3 card activation fee.

The Approved Card from Suze Orman (by The Bancorp Bank)

Are funds FDIC-insured?

Yes

Monthly maintenance fee

$3.00

Can the monthly fee be avoided?

No

Card activation fee

$3.00

Reload fee via direct deposit

$0.00

ATM withdrawal fee (issuer's ATM)

$2.00

Nonissuer's ATM withdrawal fee, not including any bank fees

$2.00

ATM balance inquiry

$1.00

Fees for point-of-sale transaction

$0.00

Fees for signature transaction

$0.00

Paper statement fee

$0.00

Paper statement at ATM

N/A

Bill payment fee

$0.00

Fee for customer service by phone

$2.00

Declined transaction fee

$0.00 at point of sale; $1.00 at ATM

Inactivity fee

$0.00

Notes: Reload fees at retailers vary from $3.50 to $4.95. Monthly maintenance fee is waived for the first month. ATM fees, including balance inquiries, are waived at Allpoint ATMs for 30 days after each direct deposit or bank-to-card transfer. Live support: one free call per month, then $2 per call, thereafter. When a transaction is declined, fees are waived for 30 days after each direct deposit or bank transfer. Electronic bill payment is zero; $1 with paper check. With inactivity, account may be closed in three months with a zero balance.

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